TheThe Junction1 could be even a better resource, this hit from...

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ScrambledEggs

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17/11/22

12:38

Post #: 64830680
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Originally posted by NikolaL: ↑

as they are getting closer to start drilling interest in the stock is picking up.

there are number of real opportunities to make SP go 2-3x from here considering how low it is right now.

1. hitting more high grades with decent widths below 173 and 182. Very likely.
2. finding porphyry deposit below 173 and 182. Possible but chances are they may hit more of the same with the first follow-up holes which is not bad result. If they hit the porphyry with the very first or second round of follow up holes then SVY goes really high.
3. Making another discovery at the Junction that's similar to the Cayley Lode or even discovering porphyry. There is real chance of the former considering the strong results from the AC drilling.
4. Hitting more high grades at Carrol's which is very shallow resource. Same, very likely outcome which will improve the resource in terms of tonnages with improved grades.
5. And now possibility to make REE discovery. This may not impact the SP that much unless is high grade and the right elements.

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TheThe Junction1 could be even a better resource, this hit from 24m to 59m below surface 35m @ 3.4 copper ending in mineralisation is a no brainer to go after, its only 3 klms south east of the Stavely game changer drill hole! They just gotta get the permits and drill down the old hole, could be another resource vectoring to the proryphy!

SVY Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

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